BlackRock World Mining Trust (LON:BRWM) Posts Earnings Results

BlackRock World Mining Trust (LON:BRWM) issued its earnings results on Monday. The investment trust reported GBX 12.24 earnings per share for the quarter, Digital Look Earnings reports. BlackRock World Mining Trust had a net margin of 96.63% and a return on equity of 44.05%.

BlackRock World Mining Trust Trading Down 1.4%

BlackRock World Mining Trust stock traded down GBX 14 during trading hours on Wednesday, hitting GBX 1,022. The stock had a trading volume of 208,817 shares, compared to its average volume of 713,375. The stock has a market cap of £1.91 billion, a price-to-earnings ratio of 2.79 and a beta of 1.69. The company has a quick ratio of 0.30, a current ratio of 0.28 and a debt-to-equity ratio of 8.91. The business’s 50 day simple moving average is GBX 946.29 and its 200-day simple moving average is GBX 951.23. BlackRock World Mining Trust has a one year low of GBX 594 and a one year high of GBX 1,076.

About BlackRock World Mining Trust

The Company aims to provide a diversified investment in mining and metal assets worldwide, actively managed with the objective of maximising total returns. While the policy is to invest principally in quoted securities, the Company’s investment policy includes investing in royalties derived from the production of metals and minerals as well as physical metals. Up to 10% of gross assets may be held in physical metals and up to 20% may be invested in unquoted investments.